Agility Robotics Names Former UPS President Mark Vale Audit Chair for Public Board

Logistics and finance veteran for the audit committee

Agility Robotics, which describes itself as a leading humanoid robotics and physical AI company, announced on October 19, 2026 that Vale is expected to join its board of directors after the previously announced business combination with Churchill Capital Corp XI (NASDAQ: CCXI), known as Churchill XI. He would chair the audit committee.

According to the company, Vale has more than three decades of leadership experience in global logistics, operations and finance. He is currently CEO and a board member of Transportation Insight, where he previously served as chief financial and administration officer. During more than 30 years at UPS, he served as global president and held senior finance roles, including corporate controller and chief financial officer for international operations.

As audit committee chair, Vale will help oversee financial reporting, internal controls and the company's relationship with its independent auditor, according to Agility.

What Agility says about the appointment

Agility CEO Peggy Johnson linked the choice to the company's commercial plans. "Scaling humanoid robotics requires a deep understanding of our customers' operations and the financial discipline to build a durable global business," she said. She added that Vale's experience "will be valuable as we expand Digit's commercial footprint and establish the governance to support our next phase of growth."

Vale said Agility is "bringing humanoid robotics into the environments where businesses move goods and manage some of their most demanding operational challenges." He said he looks forward to working with Johnson and the board on growth and on the additional financial oversight needed for the company's next chapter.

The company says the appointment comes as it expands customer deployments of its Digit robot, scales manufacturing and prepares for life as a public company.

Board changes and the path to Nasdaq

Vale is expected to serve alongside previously announced directors Merline Saintil, Derek Aberle and Pierre Gentin, as well as Johnson and co-founder Damion Shelton. Bruce Leak and Matt Ocko have stepped down from the board as part of the transition.

Johnson thanked the two departing directors, saying they "helped guide Agility through foundational years of technology development and commercialization" and supported the company as it brought Digit "from the lab into customer operations."

After the transaction, the combined company is expected to operate as Agility Robotics and trade on Nasdaq under the ticker symbol AGLT. The press release notes that Churchill XI is a blank check company. The registration statement on Form S-4, filed jointly by Churchill XI and Agility, was declared effective by the SEC on October 13, 2026. The record date for voting on the proposed transaction was September 14, 2026.

The appointment remains subject to the completion of the business combination and applicable approvals, and the company's forward-looking statements caution that timing and closing conditions are not guaranteed.

What it means for Agility and its investors

An audit committee chair with deep finance and operations experience is a standard requirement for a newly listed company, and Agility is presenting Vale's logistics background as a link to the customers that deploy Digit. The company says Digit is commercially deployed today and has accumulated more than 65,000 hours of real-world operation.

Shareholders of Churchill XI and Agility stockholders are advised to read the definitive proxy statement/prospectus before making any voting or investment decision. Whether the board takes the shape described depends on the deal closing.